Hcpa Services Company

Analysis

Hcpa Services Company is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in January 2001, 25 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Hcpa Services Company reported income of $2.6m and spending of $1.2m, leaving 53% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $2.3m to $2.6m (+12%), an average of +2.8% a year. The sharpest change came in the year to August 2022, when income rose by 260%. Over the whole period it spent 55% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hcpa Services Company sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 91st percentile within TX. Charities of a similar size with the same main cause include Historic Elsinore Theatre Inc ($2.6m), Skylands Performing Arts Center Inc ($2.6m) and Science Friday Initiative Inc ($2.6m).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $11.9m against liabilities of $1.4m, net assets of $10.5m.